A few things to keep in mind when obtaining an FHA 203(k) loan:1) Improvements paid for with a 203(k) loan must generally be completed by a licensed contractor and are subject to approval by an FHA appraiser as well as oversight by the FHA-approved consultant if it’s the standard loan option.2) You must develop a remodeling plan, schedule, timeline and put it in phases. 

This market is most certainly gaining momentum in the last few years.

Such momentum is enough to ignite excitement and fuel aspirations!

If you're located in a small town, I would suggest putting up flyers, visiting the local community center or create local job postings on Craigslist to gain some momentum. 

I think the velocity and momentum of deals is more important. 

I think when one is starting out, you want to go lower than competition, but not so low that you attract the wrong crowd, so that you can build momentum and reviews.  

And with what -- at least here in Denver and Colorado Springs -- is a market that's heating up again, I'd want to keep my momentum going sooner rather than later. 2.

They all offer something different but all have positive momentum. 

It’s in an area where OKC demolished some historical black neighborhoods to make room for the health center and interstate, and it’s finally starting to get momentum to rebuild.

Keep the momentum going and stay tuned to the BiggerPockets Podcast for valuable real estate insights and inspiration!